Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$36,923$36,923$314,910
Remaining term (yrs)4.84.830.0
Secondary amount$0$277,987$0
Funding fee$0$0$0
Note rate7.21%7.21%7.18%
Blended rate8.06%7.786%7.42%
1st payment$745.14$745.14$2,133.31
2nd payment$0.00$1,795.33$0.00
Taxes / mo$102.42$102.42$102.42
Insurance / mo$150.00$150.00$150.00
MI / mo$77.68$77.68$62.98
HOA / mo$75.00$75.00$75.00
Total monthly$1,150.24$2,945.57$2,523.71
Cash to close$312,977$34,990$34,990